Oklahoma Statutes

§ 15-327 — Terms implied where principal contract is not completed.

Oklahoma § 15-327
JurisdictionOklahoma
Title 15Contracts

This text of Oklahoma § 15-327 (Terms implied where principal contract is not completed.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Okla. Stat. tit. 15, § 15-327 (2026).

Text

In a guaranty of a contract, the terms of which are not then settled, it is implied that its terms shall be such as will not expose the guarantor to greater risks than he would incur under those terms which are most common, in similar contracts, at the place where the principal contract is to be performed.

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Legislative History

R.L.1910, § 1032.

Nearby Sections

15
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Bluebook (online)
Oklahoma § 15-327, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/15/15-327.